Organization (FS-AM-OR)

Organizational unit of account management. The posting date-based grouping together and technical assignment are defined for end of day processing (mass processing) within this unit.

The following are assigned to a bank posting area:

• The current posting date for the payment transactions.

• The current posting date for the settlement tasks.

• The posting calendar used to calculate the valid posting dates.

• The independent accounting unit - posting area (for active general ledger components).

• The rules for determining the general ledger accounts - general ledger variants (for active general ledger components).

• The units to be processed during mass processing.

A bank posting area must be assigned to each account contract by allocating a contract-managing organizational unit during the creation. This assignment cannot be changed at present.